CarbonMeta Technologies Inc (COWI)

[1manband]

I have forgotten more about bankruptcy than you will ever know about the process and the laws.

Bankruptcy is VERY expensive. Which is why so many insolvent companies don't do it. They just shut down and go away.

If you want a current example, try Kelly-Moore paints which went out of business over the weekend. They can't afford bankruptcy, which is meaningless anyway as creditors would not recover anything after the costs of the bankruptcy.

COWI is insolvent. They don't have a penny to their name. They can't afford to do anything. They own nothing of value whatsoever. It is all hot air.